Which of the following is consistent with the law of supply:
1. The price of a good falls and its supply decreases.
2.The price of a good rises and its quantity supplied decreases.
3.The price of a good rises and its supply increases.
4.The price of a good rises and its quantity supplied increases.
As the price of a product goes down, the quantity supplied goes up. As the price of a product goes up, the quantity supplied goes down. As the price of a product goes down, the quantity supplied goes down. As the price of a product goes up, the quantity supplied stays the same.
Answer:
Railroads
Explanation:
Before the invention of railroads, product distribution from land was conducted by using carriage. Compared to horses, distribution using train was much faster, cheaper, and able to contained larger amount of products.
This was the reason why the government of Texas settlements at that time made a huge investment in building railroads to connect the settlements. It allows both agricultural , mining, and animal farming products that created by a settlement place to be distributed all across the state.
This statement is FALSE.
The European Union is constituted by 28 member states, and not all of them are republics. For example, Spain, Belgium and the Netherlands are constitutional monarchies.
It is not a partnership but a form of supranational integration. The level of integration is not as deep as the one that can be found in a federal country like the US. Its member states have established a common market, free movement of people and goods, a common currency, common foreign policy and even certain levels of political integration. Many other aspects such as the fiscal policy, are decided at the state level and the EU has no authority over them.
Richard Arkwright was the founder of the factory. He was the first person to invent a machine that used a different form of power other than man. People called him the Father of the Industrial Revolution.
Explanation:
1. Indo-Aryans
2. Dravidians
3. Mongoloid and Other Minority Groups
